Federal Reserve
The Federal Reserve started a rate-cutting cycle on Sept. 18, 2025, lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5%. The cut was the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. The Fed cut rates two more times in 2024, each by 25 basis points. It has not cut interest rates so far in 2025.
Latest Posts
Mortgage rates show little movement as markets digest new economic data
Feb 08, 2024Mortgage rates stabilized this week despite newly released economic data, which show that the U.S. economy and labor market remain strong.
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Banks report tightened lending standards for nearly all residential mortgages: Fed survey
Feb 06, 2024 -
Mortgage rates surpass 7% for the first time since December
Feb 05, 2024 -
No Fed pivot in sight as Powell addresses rate cuts on 60 Minutes
Feb 05, 2024 -
U.S jobs report surprises to the upside
Feb 02, 2024 -
Mortgage rates decline after Fed pauses hikes once more
Feb 01, 2024 -
How many fed rate cuts will we see in 2024?
Feb 01, 2024 -
How many Fed rate cuts will we see in 2024?
Feb 01, 2024 -
As the Fed plays waiting game to cut rates, housing pros lean toward incoming economic data
Jan 31, 2024 -
Federal Reserve holds interest rates steady for a fourth straight meeting
Jan 31, 2024 -
Home prices surged in November despite elevated mortgage rates
Jan 30, 2024 -
Mortgage rates tick up ahead of FOMC meeting
Jan 25, 2024
